🤔 Here's some unconventional financial advice...
Lower your 401K contributions 😲
Automating your investments, having a high savings rate, & tax-deferred compounding are all incredibly powerful components of a solid financial plan.
But... 👇
🥁It’s finally here…The Secfi Portfolio!
Easily monitor the value of your startup equity over time and see how events, like funding rounds, impact it.
Plus you can securely connect other financial assets, all in one place.
Give it a try (it’s free!): https://t.co/nlcWPR1Wi9
Financial wellness and proactive planning is core to a healthy future. At @AskSecfi we help startup founders and employees make a plan starting with their startup equity.
As the modern workplace evolves, digital platforms like Origin, SecFi and Vestwell are helping workers better manage their money. Inspiring convo with leaders from those cos and @Citi Global Wealth on the importance of financial wellness and employee empowerment! #CVFTS23
3/ fascinating experiment in which two subjects, Smith and Jones, face individual projection screens. They cannot see or communicate with each other. They’re told that the purpose of the experiment is to learn to recognize the difference between healthy and sick cells.
… this one of the reasons we recently partnered with @AskSecfi to be their preferred donor-advised fund provider for their clients.
Since we know so many members benefit from guidance from financial advisors on giving, we didn't stop there.
https://t.co/pGmwjPDin8
Substack filed their financial statements with the SEC as part of their community raise:
• $11.9M in 2021 gross revenue (+418% y/y)
• Burned $25M in '21
• Minimum guarantees to writers seems to be very costly (5M rev v 16M exp)
No 2022 financials is not great disclosure
Stripe’s $7B funding round is raising eyebrows, not just because it’s the largest ever.
But because they took a large valuation cut to get it. And, it’s all for an employee tender offer.
@ViejeP has been speaking with our Stripe clients about what it means for them, and what could have been if they had IPO’d earlier.
So, he ran some numbers for a hypothetical Stripe employee:👇🧵
I don’t think of myself as “rich enough” to need an advisor. Since we started working on wealth, it has been a revelation. EVERYONE needs a financial advisor. You don’t need millions. Meet Alex and learn about his journey. I’m sure it will ring a bell. https://t.co/Ytna0qTb3h
The NRA has won. For a country where that offers commentary on how other countries should honour human rights, it seems incapable of protecting its own citizens. https://t.co/s3CTEsqR7s
👋 We just launched a tool to help startup employees make a plan for their startup equity on Producthunt and would love to get your feedback - - tell us what you like and what we could do better 🙏
Times might seem chaotic and…https://t.co/dskOtKJhJ7 https://t.co/qrih7GbJbF
Understand what your equity is worth, how much it costs to exercise and explore options to save on taxes. And it's free for everyone. Give us your feedback.
We’re live on ProductHunt right now! We’re launching the Equity Planner: a free tool to make and compare plans for your stock options:
https://t.co/sc763ABdx4
👋 We just launched a tool to help startup employees make a plan for their startup equity on Producthunt and would love to get your feedback - - tell us what you like and what we could do better 🙏
Times might seem chaotic and…https://t.co/dskOtKJhJ7 https://t.co/qrih7GbJbF
In the name of preventing a riot, this government is getting away with suppression of constitutional rights. What are they afraid of? People’s ability to make up their own mind? https://t.co/9Bo5Xfl3Su
@GergelyOrosz Really love @linear It’s approach to product feels very similar to Slack to me. We’ll thought through experiences which leave very little to be desired.
Monopolizing media is the best way to paralyze society. We see this phenomenon everywhere around us where businesses with little means cannot fend off powerhouses with deep pockets (think Amazon)
"With the growth of advertising, papers that attracted ad…https://t.co/QYwxzOJ60A